Latest News on private equity markets

Belgian labor authority launches court case against Deliveroo

Belgium's labor authority launched the first stage of a court case against British food delivery group Deliveroo on Monday, challenging working conditions for the firm's 3,500 riders in Brussels.



5 months ago

The student debt squeeze: A look at 3 people's budgets

A handful of people with student debt, from a copy writer in Morehead, Kentucky, to an English professor in Yakima, Washington, provided CNBC with a snapshot of their budgets.

5 months ago

AerCap CEO warns against panic discounts for Boeing 737 MAX jets

Owners of Boeing's grounded 737 MAX jet must keep cool heads and avoid offering panic discounts on sale or lease prices to avoid undermining its long-term value, the head of one of the world's largest aircraft lessors Aercap said on Monday.



5 months ago

JPMorgan says 'oui' to Paris expansion post-Brexit

JPMorgan Chase & Co is the latest investment bank to significantly expand its Paris hub as part of plans to relocate some services from London after Britain's exit from the European Union, snapping up new premises in the French capital.



5 months ago

Oil rises as Libya declares force majeure in oilfields

Oil prices rose to their highest in more than week on Monday after two large crude production bases in Libya began shutting down amid a military blockade, risking reducing crude flows from the OPEC member to a trickle.



5 months ago

China repeats call on Canada to release Huawei's Meng as extradition trial set to kick off

China on Monday repeated its call for Canada to release Huawei Chief Financial Officer Meng Wanzhou, ahead of her expected arrival in a Vancouver courtroom for the start of a trial to decide whether she can be extradited to the United States.



5 months ago

Embraer studies turboprop to be developed through Boeing venture

Brazilian planemaker Embraer is in the advanced stages of studying the launch of a new turboprop aircraft to be developed through a venture it is planning with Boeing, subject to necessary approvals, a top executive said on Monday.



5 months ago

Huawei CFO Meng arrives in Canada court for U.S. extradition trial kick off

Huawei Chief Financial Officer Meng Wanzhou arrived in a Vancouver courtroom on Monday for the start of a trial to decide whether she can be extradited to the United States, as China repeated its call for Canada to release her.



5 months ago

FT Partners Report (Jan 2020): The Rise of Challenger Banks: Are the Apps Taking Over?

FT Partners | Jan 2020 Executive Summary: The banking sector is experiencing a major shift globally, as Challenger Banks are becoming increasingly formidable competitors to traditional banks and have begun to capture significant market share. Furthermore, the lines between banks and other consumer financial services providers are blurring, with several alternative lenders and robo-advisors beginning

5 months ago

Huawei CFO Meng's lawyer says 'double criminality' at center of U.S. extradition case

A lawyer for Huawei Chief Financial Officer Meng Wanzhou argued on Monday that "double criminality" was at the center of a trial to decide whether Meng can be extradited to the United States, a case that has strained relations between Ottawa and Beijing.



5 months ago

Brazil's Ambev sets ambitious target to end plastic pollution in packaging

Brazilian beverages company Ambev SA has set an ambitious target of eliminating plastic pollution in its packaging by 2025, in a push that an executive said on Monday has the potential to generate approximately 1 billion reais ($239.09 million) in business.



5 months ago

Tesla rebuffs U.S. safety recall petition, says no unintended acceleration in vehicles

Tesla Inc on Monday said there was no unintended acceleration in its vehicles, as it responded to a petition to a U.S. safety regulator to investigate and recall around 500,000 of the company's electric cars over the alleged defect.



5 months ago

Boeing seeks to borrow $10 billion or more amid 737 MAX crisis: source

Boeing Co is in talks with banks about borrowing $10 billion or more amid rising costs for the U.S. planemaker after two crashes involving its 737 MAX jetliner, a source told Reuters on Monday.



5 months ago

Mexican union suspends strike threat against Home Depot

A top Mexican trade union said on Monday it has suspended its threat to launch a strike at Home Depot stores across Mexico over labor demands, adding it is in talks with the U.S. home improvement chain to improve pay and benefits for workers.



5 months ago

Air Niugini delays delivery of four 737 MAX jets until at least 2024

Papua New Guinea carrier Air Niugini has updated its contract with Boeing Co to delay the delivery of its four 737 MAX jets on order until at least 2024, the airline's chief executive said on Tuesday.



5 months ago